Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ) Short Interest Up 22.4% in November

Posted by Stanley Muller on Dec 2nd, 2024

Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Get Free Report) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 10,400 shares, an increase of 22.4% from the October 31st total of 8,500 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 5.2 days.

Institutional Trading of Invesco Nasdaq Free Cash Flow Achievers ETF

A hedge fund recently bought a new stake in Invesco Nasdaq Free Cash Flow Achievers ETF stock. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco Nasdaq Free Cash Flow Achievers ETF (NASDAQ:QOWZ – Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 80,327 shares of the company’s stock, valued at approximately $2,435,000. Wealth Enhancement Advisory Services LLC owned about 40.16% of Invesco Nasdaq Free Cash Flow Achievers ETF at the end of the most recent reporting period.

Invesco Nasdaq Free Cash Flow Achievers ETF Stock Performance

Shares of QOWZ opened at $34.52 on Monday. Invesco Nasdaq Free Cash Flow Achievers ETF has a one year low of $23.79 and a one year high of $35.06. The stock has a 50-day moving average price of $33.23 and a 200 day moving average price of $31.28. The company has a market capitalization of $10.36 million, a P/E ratio of 31.80 and a beta of 1.34.

Invesco Nasdaq Free Cash Flow Achievers ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.065 per share. This is a boost from Invesco Nasdaq Free Cash Flow Achievers ETF’s previous quarterly dividend of $0.03. This represents a $0.26 annualized dividend and a dividend yield of 0.75%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Nasdaq Free Cash Flow Achievers ETF Company Profile

(Get Free Report)

The Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is an exchange-traded fund that is based on the Nasdaq US Free Cash Flow Achievers index. The fund is passively managed, tracking an index composed of US-listed companies that are perceived to have strong free cash flow and show consistent growth.